Swisscom AG

SCMN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Swisscom Earnings: The Numbers Add Up but We Remain Cautious on the Story

Javier Correonero

Aug 7, 2025

Even if Swisscom’s second-quarter results were largely aligned with company-compiled consensus, we remain cautious on the stock due to top-line pressures in Italy.

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Swisscom AG

Swisscom Earnings: The Numbers Add Up but We Remain Cautious on the Story

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